Target December Sales Weak So Far, Costco “Pretty Good”

Yesterday (Monday) after the close, in its mid month sales update, Target (TGT) said that same store sales for December, on a comparable basis, would likely come in between -1% and 1% - below previous guidance (call 612-761-6500 for the recorded message).

That comes on the heels of a weak November, in which comparable sales were up 1.1% and a weak September as well. (October same store sales were up 4.1% but included the week of Halloween where the previous year didn’t).